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Title
State Rail Assistance Program Funding and Pacific Surfliner Operations
Overview
The Los Angeles - San Diego - San Luis Obispo Rail Corridor Agency is working to restore the Pacific Surfliner service to pre-pandemic levels despite the potential for reduced state funding in fiscal year 2020-21. The State Rail Assistance program, an element of Senate Bill 1, provides funding for both operations and capital improvements to commuter and intercity rail services. The Los Angeles - San Diego - San Luis Obispo Rail Corridor Agency is seeking Board of Directors approval to use State Rail Assistance funds for the costs of ongoing Pacific Surfliner operations through fiscal year 2020-21.
Recommendations
A. Approve the use of $10,700,000 in of State Rail Assistance formula funds to fund the ongoing operations of the Pacific Surfliner intercity rail service.
B. Authorize the Managing Director to negotiate and execute all necessary agreements to facilitate the utilization of State Rail Assistance funding as described herein.